Solution-Allocate the joint costs using the physical units

Allocate the joint costs using the physical units method

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Reference no: EM132870630

Problem - Island Chemicals produces four products from a joint process costing TZS 150,000 per month. After leaving the joint process, the products must be further re?ned before they are salable. You have been provided with the following information:

Product	Volume Further	Processing Costs	Selling Price per Unit
A-1	15,000	TZS 350,000	TZS80
B-3	25,000	400,000	40
C-2	10,000	100,000	22
D-9	50,000	250,000	10

Required -

1. Allocate the joint costs using the physical units' method.

2. Allocate the joint costs using the net realizable value method?

Reference no: EM132870630

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Allocate the joint costs using the physical units method

Reference no: EM132870630

Reference no: EM132870630

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